C'mon keep it going!
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O'Doyle rules!
The Powers That Be aren't going to tolerate this for very long.
Trump is fucking with their money.
They are the powers that b.
These tariffs are a tax on the working class, which they will gladly pay.
There will be no revolt. No pushback. No (snickers) value of ownership.
This generation has been conditioned to be dependent on a system that exists to take advantage of them, then act surprised when they get taken advantage of.
The only solution in an abusive relationship is to leave. Consumers are going to play this song and dance until they die.
These tariffs are a tax on the working class, which they will gladly pay.
When taxes rise consumption falls. The wealthy live off the fat of consumption.
Nah. Rich people profit from recessions and other crisis. They have enough money to buy everything and then are even richer afterwards.
That is why everyone lets Trump do whatever he likes.
See, that's what you don't understand.
They can never get enough. It's a competition with their peers.
Like a children's game.
I understand that perfectly, they like the crisis situation because they hope to acquire more, and maybe even loose a couple of aspirant mill- or billionaires on the way.
They do see it as a game, and thus big disruptions create great new chances for them to gain even more.
Stocks aren't real resources, they are imaginary potential resources. Stocks market fluctuations are important only as long as people think they are. Like a king who is a king only because his subjects consider him a king.
Neither are money, but we're still not a communist society so we still consider it one.
If you want stocks to not be important, phase out public companies.
Oh, so my 401k losing money isn't real? Damn, that's a relief.
That's what you get for being suckered into accepting 401ks instead of pensions.
The same is true for fiat currency.
Anyone too dumb to know how stocks work probably thinks you're talking about the car
Some stock have value because the company is profitable, solid and is making money. I am no investor but Coca Cola I would imagine fit the description.
Tell that to the people living on automatic withdrawals from their IRA accounts 🙄
They shouldn't have put their faith in that system.
Big "leopards ate my face" vibes.
As bad as this is, it can still get a lot worse. The market seems to be pricing in a high probability that Trump will reverse course. If the tariffs stay on for at least a few months, there will certainly be a recession, probably a depression, and possibly social unrest that will take decades to fully recover from.
When things really crash is when the rich will decide to pay their cash and start buying up shit, and then we will think the economy recovered but really all that happened is another wealth redistribution in the wrong direction
As an impoverished no body with nothing to lose in this country, I’ve just been laughing my ass off.
This is bad for us too. A cratering stock market slows down hiring which depresses wages and makes it harder to find work.
If jobs need to get done, you'll be able to find positions to work in.
Don't be fooled into thinking we can't succeed unless rich people get theirs.
Yeah, it’s absolutely fucked. My laughter comes from a place of being glad that some faces got ripped to shreds by leopards and then also because it’s the only thing to keep my mind from totally fizzing out from this mountainous heap of daily shit we’re subjected to. And then the rest of the world is getting dragged into it so fuck. Just fuck.
Heya you are correct that the rest of the world is being dragged into it. The tarrifs for us (Australia) have a little silver lining though, our meat will be cheaper if what we exported to the US stays here and no alternative market is found so I am happy about that. The farmers will feel it but us Aussies are always happy to help bail the farmers out tbh, could be a good opportunity for us to create something similar to USAID and send some food where its needed. Who knows really, but its an opportunity for everyone except the US. So thanks for making every other nation (that was trading with the US) great again.
Hell yeah, I think the power the US has had over the world has been abhorrent and just straight up imperialism in the modern world. This shit storm has been very fucked up to witness and attempt to fight but I’m really happy to see how several countries have responded to counter it and even empower themselves more and do a lot of good from it. So many fucking Americans have no remote clue how easy we have had it and I fucking hate them for bringing this shit to the world but at least they’ll be getting a reality check that they probably won’t process anyway but fuck it. And the US needs to stop having such a disgusting amount of power. I’m glad there’s some positives out of it, most of this shit hasn’t surprised me but the tariffs against Australia really took me by surprise honestly. Hope things work out for you all for the best
Oh it could definitely be beneficial to Americans, it could very well collapse the US which would probably spur on a post Imperial boom. Basically if the US collapses the inevitable economic reorganization could cause some areas to improve greatly.
Problem is that I suspect that you'd also have what would amount to a Crusader Khmer Rouge or two forming, upside is that's what punitive campaigns are for. Also id prefer if the entire US didn't turn into that.
Valuation not value
A couple of Trillion dollars here, a couple of Trillion dollars there. Pretty soon it will add up to real money.
"I'll just put that with the other fire"
You know what I find funny. The US fucking whinges about China nearly all the time. Yet they seek to become Insular and Autarkic. They make the same mistake the Qing Dynasty did.
Edit Addendum: The Qing dynasty, is often seen as prizing its material abundance and cultural legacy so highly that it sometimes failed to adapt to new challenges and technological advancements. This narrow focus is often cited as one of the factors that contributed to their eventual decline.
Equating the greatness or state of the nation with it's wealth.
We're gonna get a shit ton of austerity here and then future children will learn about the Trump tariffs in school.
I just find it a little ironic that the genius voters that ushered in Reagan and neo-liberalism are the same voters that support Trump and his destruction of said neo-liberalism.
As foretold by the prophetical Team American: World Police
Stable genius working his special magic in advance of the Super Bigly Oligarchs’ Enormous Clearance Sale of resources & remnants of US governmental assets!!!
The National Parks sell off hits me in the gut.
Then occupy one of them.
Could you clarify your point?
No. It was quite clear.
Ammon Bundy got away with it .